Bitcoin Forum
December 17, 2017, 06:13:40 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: 2013-11-01 TheGuardian: Bitcoin moves to become a currency for travellers  (Read 966 times)
Arvicco
Hero Member
*****
Offline Offline

Activity: 574


Please bear with me


View Profile WWW
November 01, 2013, 03:25:40 PM
 #1

http://www.theguardian.com/travel/2013/nov/01/bitcoin-currency-for-travellers

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513534420
Hero Member
*
Offline Offline

Posts: 1513534420

View Profile Personal Message (Offline)

Ignore
1513534420
Reply with quote  #2

1513534420
Report to moderator
1513534420
Hero Member
*
Offline Offline

Posts: 1513534420

View Profile Personal Message (Offline)

Ignore
1513534420
Reply with quote  #2

1513534420
Report to moderator
1513534420
Hero Member
*
Offline Offline

Posts: 1513534420

View Profile Personal Message (Offline)

Ignore
1513534420
Reply with quote  #2

1513534420
Report to moderator
Carlton Banks
Legendary
*
Offline Offline

Activity: 1848



View Profile
November 01, 2013, 11:04:58 PM
 #2

Factual, by Guardian standards, but lazy. "Look at this Life on Bitcoin thing! That's a story!". Yeah, Guardian.com, and it's at least 2 months old now. "News"? I think not.

If they'd included the Bitcoin Africa motorcycle tour promotional that localbitcoins are doing, then I'd take them seriously as purveyors of Bitcoin news.

Vires in numeris
odolvlobo
Legendary
*
Offline Offline

Activity: 1974



View Profile
November 02, 2013, 12:38:10 AM
 #3

At this point, I think the biggest convenience of Bitcoin for world travelers is the ability to exchange it for any local currency.

Buy bitcoins with cash from somebody near you: LocalBitcoins
Join an anti-signature campaign: DannyHamilton's ignore list
kjlimo
Legendary
*
Offline Offline

Activity: 1708


View Profile WWW
November 02, 2013, 03:33:30 AM
 #4

At this point, I think the biggest convenience of Bitcoin for world travelers is the ability to exchange it for any local currency.

Your post makes sense given your signature, but as more merchants accept bitcoin, converting will become an unneccessary step.

Someone from Europe stopped in a restaurant in my building that I got setuup with Bitpay solely because it was on one of the coinmap sites.

It'll take time, but this is definitely a perfect application for bitcoin.

I certainly look for anywhere that accepts bitcoin every time I travel.

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex for trading alternate cryptocurrencies like DOGEs

PM me with any questions on these sites!  Happy to help!

Bitcoin Poker at Seals                  Strike Sapphire Casino  Free games every hour & day!
  Get Free Bitcoins here.

Spondoolies-Tech or KnC Miner for the fastest mining hardware available!

Bitpay to help your business accept bitcoin payments!
TraderTimm
Legendary
*
Offline Offline

Activity: 2030



View Profile
November 02, 2013, 07:06:18 PM
 #5

True, the actual progression will be like so:

Phase One: The earliest of early adopters increase their bitcoin holdings by mining and trading with each other.

Phase Two: The newest wave of adoption comes from technical minded people using specific exchanges and person-to-person trading.

Phase Three: This wave of adoption has reduced any complexity for investment by having more exchanges, in addition to ATMs and other financial vehicles to get into Bitcoin.

Phase Four: The greater public become exposed to Bitcoin, and it starts to erode conventional Finance firms margins. This is also going to be the part where grabbing-at-straws regulation will come down, in addition to various PR smear campaigns that appeal to nationalist tendencies and appeal to authority trying to stem the tide.

Phase Five: The anti-Bitcoin propoganda has largely failed, and as successive generations of people become used to using Bitcoin, the Financial industry firms that have failed to adapt erode and wither away, as well as nation-states that refuse to integrate into the new global economy.


fortitudinem multis - catenum regit omnia
420
Hero Member
*****
Offline Offline

Activity: 756



View Profile
November 02, 2013, 10:51:36 PM
 #6

True, the actual progression will be like so:

Phase One: The earliest of early adopters increase their bitcoin holdings by mining and trading with each other.

Phase Two: The newest wave of adoption comes from technical minded people using specific exchanges and person-to-person trading.

Phase Three: This wave of adoption has reduced any complexity for investment by having more exchanges, in addition to ATMs and other financial vehicles to get into Bitcoin.

Phase Four: The greater public become exposed to Bitcoin, and it starts to erode conventional Finance firms margins. This is also going to be the part where grabbing-at-straws regulation will come down, in addition to various PR smear campaigns that appeal to nationalist tendencies and appeal to authority trying to stem the tide.

Phase Five: The anti-Bitcoin propoganda has largely failed, and as successive generations of people become used to using Bitcoin, the Financial industry firms that have failed to adapt erode and wither away, as well as nation-states that refuse to integrate into the new global economy.



Phase Three baby!

Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!